The median interest rate borrowers actually received on originated loans, not the advertised rate. Product mix matters: a VA-heavy lender will look cheaper than a jumbo specialist.
| # | Lender | Grade | Median rate | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | S. C. State Federal Credit UnionColumbia, SC | A | 4.50% | 1,594 | 22.5% | 4.50% |
| 2 | Velocio MortgageSan Antonio, TX | A | 4.99% | 493 | 3.7% | 4.99% |
| 3 | Jet HomeloansJacksonville, FL | A | 4.99% | 972 | 6.1% | 4.99% |
| 4 | Dhi Mortgage CompanyArlington, TX | B | 4.99% | 6,184 | 17.4% | 4.99% |
| 5 | Fbc MortgageOrlando, FL | B | 5.49% | 988 | 7.2% | 5.49% |
| 6 | Taylor Morrison Home FundingMaitland, FL | A | 5.56% | 207 | 5.3% | 5.56% |
| 7 | Charles Schwab BankWestlake, TX | A | 5.63% | 114 | 7.0% | 5.63% |
| 8 | Village Capital & InvestmentHenderson, NV | C | 5.75% | 1,095 | 20.5% | 5.75% |
| 9 | 1st Signature LendingIndianapolis, IN | C | 5.88% | 321 | 5.3% | 5.88% |
| 10 | Morgan Stanley Private BankNew York, NY | A | 5.95% | 235 | 3.4% | 5.95% |
| 11 | Sun West Mortgage CompanyCerritos, CA | B | 5.99% | 277 | 13.7% | 5.99% |
| 12 | Planet Home LendingMeriden, CT | B | 5.99% | 393 | 18.6% | 5.99% |
| 13 | AcopiaGoodlettsville, TN | A | 5.99% | 477 | 2.3% | 5.99% |
| 14 | GoodLeapRoseville, CA | C | 5.99% | 509 | 20.6% | 5.99% |
| 15 | Pulte MortgageWilmington, DE | A | 5.99% | 1,526 | 8.1% | 5.99% |
| 16 | Loandepot.ComIrvine, CA | D | 5.99% | 4,060 | 22.1% | 5.99% |
| 17 | Inspire Home LoansNewport Beach, CA | B | 6.00% | 241 | 11.6% | 6.00% |
| 18 | Regions BankBirmingham, AL | C | 6.00% | 1,242 | 32.8% | 6.00% |
| 19 | LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home LoansFort Mill, SC | B | 6.12% | 316 | 11.1% | 6.12% |
| 20 | NBKC BankKansas, MO | B | 6.13% | 255 | 9.4% | 6.13% |
| 21 | LoanUnited.comDuluth, GA | C | 6.13% | 263 | 6.5% | 6.13% |
| 22 | PHH MortgageMount Laurel, NJ | C | 6.13% | 422 | 8.8% | 6.13% |
| 23 | Calcon Mutual MortgageSan Diego, CA | D | 6.13% | 574 | 11.3% | 6.13% |
| 24 | SRP Federal Credit UnionNorth Augusta, SC | C | 6.13% | 715 | 9.9% | 6.13% |
| 25 | NVR Mortgage FinanceReston, VA | B | 6.13% | 2,220 | 21.0% | 6.13% |
| 26 | Lennar MortgageMiami, FL | A | 6.13% | 3,802 | 10.6% | 6.13% |
| 27 | United Shore Financial ServicesPlymouth, MI | B | 6.13% | 9,236 | 12.8% | 6.13% |
| 28 | Corning Credit UnionCorning, NY | A | 6.13% | 179 | 21.2% | 6.13% |
| 29 | State Employees'Raleigh, NC | C | 6.15% | 859 | 24.6% | 6.15% |
| 30 | Bank of AmericaCharlotte, NC | F | 6.24% | 5,009 | 33.1% | 6.24% |
| 31 | Lakeview Community CapitalTucson, AZ | A | 6.25% | 147 | 3.4% | 6.25% |
| 32 | Carolina Trust Federal Credit UnionMyrtle Beach, SC | D | 6.25% | 171 | 21.1% | 6.25% |
| 33 | Unnamed lender 254900M2C4Q6DATP2889 | F | 6.25% | 400 | 17.5% | 6.25% |
| 34 | The Federal Savings BankChicago, IL | C | 6.25% | 485 | 7.8% | 6.25% |
| 35 | First Federal BankLake City, FL | B | 6.25% | 504 | 8.7% | 6.25% |
| 36 | First Heritage MortgageFairfax, VA | A | 6.25% | 1,619 | 3.0% | 6.25% |
| 37 | Pennymac Loan ServicesWestlake Village, CA | C | 6.25% | 4,524 | 11.3% | 6.25% |
| 38 | Mortgage Research CenterColumbia, MO | C | 6.25% | 5,189 | 19.1% | 6.25% |
| 39 | Freedom MortgageBoca Raton, FL | B | 6.25% | 5,296 | 7.3% | 6.25% |
| 40 | USAA Federal Savings BankPhoenix, AZ | C | 6.31% | 813 | 26.6% | 6.31% |
| 41 | Canopy MortgageLindon, UT | B | 6.38% | 170 | 1.2% | 6.38% |
| 42 | ResicentralLarkspur, CA | B | 6.38% | 227 | 1.3% | 6.38% |
| 43 | Provident Funding AssociatesSanta Rosa, CA | A | 6.38% | 250 | 5.2% | 6.38% |
| 44 | Homeowners Financial Group USAScottadale, AZ | B | 6.38% | 263 | 3.4% | 6.38% |
| 45 | Amerihome Mortgage CompanyThousand Oaks, CA | B | 6.38% | 307 | 8.8% | 6.38% |
| 46 | American Security MortgageCharlotte, NC | A | 6.38% | 312 | 0.3% | 6.38% |
| 47 | Towne MortgageTroy, MI | B | 6.38% | 444 | 5.2% | 6.38% |
| 48 | American Financial ResourcesParsippany-Troy Hills, NJ | B | 6.38% | 670 | 7.6% | 6.38% |
| 49 | First National Bank of PennsylvaniaHermitage, PA | B | 6.38% | 815 | 15.2% | 6.38% |
| 50 | Resource Financial ServicesColumbia, SC | B | 6.38% | 905 | 2.0% | 6.38% |
Ordered by the median interest rate on originated loans, among lenders reporting rates on at least 100 loans. Some banks are exempt from HMDA pricing fields and cannot appear. All figures come from the lenders' own HMDA filings. Full methodology.
